GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » B2Gold Corp (AMEX:BTG) » Definitions » Inventory-to-Revenue

B2Gold (B2Gold) Inventory-to-Revenue : 0.74 (As of Mar. 2024)


View and export this data going back to 2008. Start your Free Trial

What is B2Gold Inventory-to-Revenue?

Inventory-to-Revenue determines the ability of a company to manage their inventory levels. It measures the percentage of Inventories the company currently has on hand to support the current amount of Revenue. B2Gold's Average Total Inventories for the quarter that ended in Mar. 2024 was $343 Mil. B2Gold's Revenue for the three months ended in Mar. 2024 was $461 Mil. B2Gold's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.74.

B2Gold's Inventory-to-Revenue for the quarter that ended in Mar. 2024 increased from Dec. 2023 (0.67) to Dec. 2023 (0.74)

An increase in Inventory-to-Revenue from one quarter to the next indicates that one of the following is happening:

1. investment in inventory is growing more rapidly than revenue
2. revenue are dropping
No matter which situation is causing the problem, an increase in the Inventory-to-Revenue may signal an oncoming cash flow problem.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. B2Gold's Days Inventory for the three months ended in Mar. 2024 was 112.88.

Inventory Turnover measures how fast the company turns over its inventory within a year. B2Gold's Inventory Turnover for the quarter that ended in Mar. 2024 was 0.81.


B2Gold Inventory-to-Revenue Historical Data

The historical data trend for B2Gold's Inventory-to-Revenue can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

B2Gold Inventory-to-Revenue Chart

B2Gold Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Inventory-to-Revenue
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.20 0.13 0.15 0.17 0.18

B2Gold Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Inventory-to-Revenue Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.72 0.73 0.71 0.67 0.74

Competitive Comparison of B2Gold's Inventory-to-Revenue

For the Gold subindustry, B2Gold's Inventory-to-Revenue, along with its competitors' market caps and Inventory-to-Revenue data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


B2Gold's Inventory-to-Revenue Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, B2Gold's Inventory-to-Revenue distribution charts can be found below:

* The bar in red indicates where B2Gold's Inventory-to-Revenue falls into.



B2Gold Inventory-to-Revenue Calculation

Inventory-to-Revenue determines the ability of a company to manage their inventory levels. It measures the percentage of Inventories the company currently has on hand to support the current amount of Revenue.

B2Gold's Inventory-to-Revenue for the fiscal year that ended in Dec. 2023 is calculated as

Inventory-to-Revenue (A: Dec. 2023 )
=Average Total Inventories / Revenue
=( (Total Inventories (A: Dec. 2022 ) + Total Inventories (A: Dec. 2023 )) / count ) / Revenue (A: Dec. 2023 )
=( (332.031 + 346.495) / 2 ) / 1934.272
=339.263 / 1934.272
=0.18

B2Gold's Inventory-to-Revenue for the quarter that ended in Mar. 2024 is calculated as

Inventory-to-Revenue (Q: Mar. 2024 )
=Average Total Inventories / Revenue
=( (Total Inventories (Q: Dec. 2023 ) + Total Inventories (Q: Mar. 2024 )) / count ) / Revenue (Q: Mar. 2024 )
=( (346.495 + 339.351) / 2 ) / 461.444
=342.923 / 461.444
=0.74

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


B2Gold  (AMEX:BTG) Inventory-to-Revenue Explanation

An increase in Inventory-to-Revenue from one quarter to the next indicates that one of the following is happening:

1. investment in inventory is growing more rapidly than revenue
2. revenue are dropping
No matter which situation is causing the problem, an increase in the Inventory-to-Revenue may signal an oncoming cash flow problem.

Likewise, a decrease in the Inventory-to-Revenue from one quarter to next indicates that one of these is occurring:

1. investment in inventory is shrinking in relation to revenue
2. revenue are increasing
No matter which situation is causing the reduction in the Inventory-to-Revenue, either one suggests that business's inventory levels and its cash flow are effectively managed.

More Related Terms:

1. Days Inventory indicates the number of days of goods in sales that a company has in the inventory.

B2Gold's Days Inventory for the three months ended in Mar. 2024 is calculated as:

Days Inventory=Average Total Inventories (Q: Mar. 2024 )/Cost of Goods Sold (Q: Mar. 2024 )*Days in Period
=342.923/277.218*365 / 4
=112.88

2. Inventory Turnover measures how fast the company turns over its inventory within a year.

B2Gold's Inventory Turnover for the quarter that ended in Mar. 2024 is calculated as

Inventory Turnover=Cost of Goods Sold (Q: Mar. 2024 ) / Average Total Inventories (Q: Mar. 2024 )
=277.218 / 342.923
=0.81

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


B2Gold Inventory-to-Revenue Related Terms

Thank you for viewing the detailed overview of B2Gold's Inventory-to-Revenue provided by GuruFocus.com. Please click on the following links to see related term pages.


B2Gold (B2Gold) Business Description

Address
666 Burrard Street, Park Place, Suite 3400, Vancouver, BC, CAN, V6C 2X8
B2Gold Corp is an international, low-cost, senior gold mining company. It has three operating open-pit gold mines in Mali, Namibia, and the Philippines and numerous exploration projects across four continents. Other significant assets include the Gramalote and Kiaka gold projects. The company focuses on acquiring and developing interests in mineral properties with a primary focus on gold deposits as gold production forms all its revenue. There is no dependence on a particular purchaser because the gold is sold into a global market. The company's reportable operating segments include its mining operations and development projects, namely Fekola; Masbate; Otjikoto; other mineral properties; and corporate and other. It generates maximum revenue from the Fekola mine segment in Mali.